All MCA Insight articles in August 2021 – Page 5
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NewsArc Inspirations appoints new people director
Arc Inspirations has appointed Nazareen Johnson as its new people and culture director.
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Analysis & InsightThe slow simmer of Pho
Pho has taken a slow and steady approach to growth, seeing it reach 30 sites over 15 years. As TriSpan acquires a majority stake in the brand, Finn Scott-Delany examines the trajectory of the Vietnamese noodle specialist, and how it might be accelerated under the man who grew Yo! Sushi to 100 sites.
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NewsKFC warns of supply issues
KFC UK & Ireland has warned its customers of potential supply issues.
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NewsPret A Manger facing potential strike threat
Pret A Manager is said to be facing potential strike action from its staff after they were told their pay would be cut, according to The Guardian.
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NewsWendy’s to expand via delivery kitchens
Delivery kitchens will become a cornerstone of Wendy’s expansion after the company announced plans to partner with Reef and open between five and 10 dark kitchens in the UK before the end of the year. Reef will become Wendy’s first franchisee in the UK and will initially focus on opening delivery kitchens in central London.
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NewsOutlook for Deliveroo dependent on post-pandemic demand
The pandemic has offered a structural growth opportunity for Deliveroo, but its longer-term outlook depends on how demand hold ups, and if the road to profitability becomes clearer, according to analyst Hargreaves Lansdown.
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OpinionThinking of expanding? It is a capital idea if you choose the right option
For the last 18 months, the key word in hospitality and leisure has been “survival”. But as we start to get back to some degree of normality, the sentiment has shifted to “opportunity”. We are seeing more and more activity in the sector, with operators now ready to take advantage of the possibilities the pandemic has created.
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NewsDeliveroo appoints former Amazon exec
Deliveroo has appointed Devesh Mishra as its new chief product and technology officer.
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NewsDeliveroo grows orders, narrows losses
Deliveroo’s losses narrowed to £104.8m as it continued to invest in growing the delivery company.
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NewsBarkby returns to positive cash generation
Barkby Group has reported its pubs division experienced “extremely strong” trade in July, with like for like sales up 97% on the same period last year and up 10% on the equivalent period in 2019.
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Analysis & InsightLumina: Challenging trading made worse by staff shortages
Lumina Intelligence’s Top Of Mind Survey shows that respondents believe that pre-existing recruitment challenges have been exacerbated by Brexit and the pandemic, with 93% of eating out professionals describing the current trading environment as being either challenging or extremely challenging. Yet the majority of those surveyed are expecting trading conditions to improve across the next 12 months. McDonald’s, Pret and Wagamama are admired brands that are making a success of tapping into key trends such as delivery, technology, sustainability and plant based foods.
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News‘Ample opportunities to celebrate with food and drink’
The reopening of hospitality has led to a dilution of consumer spending, and a slowdown in retail growth.
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Analysis & InsightRegionality breeds content
There have always been the very long-established family firms in the pub sector, colloquially known as the regional brewers.
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NewsMegan’s appoints new operations director
Christobell Harrington-Jones has joined Megan’s as its new operations director. Harrington-Jones joins the 13-strong café restaurant chain after spending a year and a half as commercial food operations director at Hilton. In June, the company announced its intention to recruit a further 100 staff, including two senior board positions as the company continues its growth plans.
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NewsThe Ivy orders cultural review over ‘ignorant’ ad
The Ivy Collection has promised to review the concept, culture, and all internal and external processes of its Asia off-shoot, after being heavily criticized for a “culturally insensitive” advert.
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NewsDelivery Hero acquires a 5% stake in Deliveroo
Delivery Hero, the German owned food delivery platform joins Amazon as a shareholder of Deliveroo after acquiring a 5.1% stake in the UK food delivery company, helping to drive Deliveroo’s share price up 14% to its highest level since listing on the stock market.
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NewsHoni Poke looking to open at least six sites a year
Honi Poke is capable of expanding by at least six sites per year, founder Vladimir Martynov has told MCA.
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EventsLoungers, Punch and Admiral join MCA’s Pub Conference 2021
Register now to secure your place at MCA’s annual Pub Conference, which is back for 2021 with an action-packed agenda full of speakers from the biggest operators in the sector.
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InterviewsNightcap: ‘We will grow as quickly as we can’
Nightcap has “the money in the bank and will grow as quickly as we possibly can, sustainably,” co-founder Sarah Willingham has told MCA.
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Analysis & InsightThe growing appeal of IPOs
After a Covid-induced hiatus, there have been several IPO announcements this year, with companies such as TGI Fridays, Tortilla, Hawksmoor and Giggling Squid considering their options around going public. Meanwhile several more are believed to be weighing up a listing. How much of this is an opportunistic post-Covid trend? Does it represent a structural shift away from the private equity model? And what are the risks and rewards? Dominic Allport, insight editor, reports.